Author: Romil Sethi
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SteelMint: Rourkela sponge iron index stable on firm offers – 19 May
SteelMint’s daily sponge iron, CDRI, index is assessed at INR 35,000/tonne (t) (=) exw Rourkela on 19 May 2022. About 3,550 t of transactions in CDRI were recorded by SteelMint today against 2,600 t on 18 May. The index remained supported as producers kept prices firm while several deals were reported, resulting in stable prices.…